US stock movement | Nebius continues pre-market gains above 5%, recently completed acquisition of AI company Eigen AI

Golonghui June 18｜Artificial intelligence cloud service provider Nebius (NBIS.US) rose another 5.3% in pre-market trading, priced at $295.88. The stock surged over 12% intraday yesterday, reaching a record high of $297.93. According to reports, Nebius recently announced the completion of its full acquisition of artificial intelligence company Eigen AI, with a total transaction consideration of $643 million. Through this acquisition, Nebius can upgrade the strength of its Token Factory product and further solidify its position as a leading production-level AI managed inference platform. On another front, it supplements its U.S. local R&D capabilities, as the Eigen AI core team will be based in the San Francisco Bay Area to establish Nebius’ North American engineering and R&D center, optimizing the company's dual research and development layout in both Europe and the U.S.